Excellent opportunity to acquire a four-unit residential property in Glendale with significant upside potential. The property consists of four 1-bedroom, 1-bathroom units, currently vacant, providing a new owner with immediate flexibility and the opportunity to reposition the property. Approved plans are in place to convert the existing units from 1-bedroom/1-bathroom layouts to 2-bedroom/1-bathroom units, offering the potential for substantially higher rental income and increased overall property value. The property also includes a separate 1-bedroom, 1-bathroom ADU in the rear, which is currently occupied by a Section 8 tenant, providing immediate rental income. Additional improvements include an upgraded separate electrical meters for each unit, helping support the property's future renovation plans. This is an ideal opportunity for an investor, owner-user, or developer looking for a minor fixer with high-rent potential.
| MLS # | SR26178662 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 72 |
| Listing Provided By | Westgate Capital | Meroojohn Ordubegian |
| SQ Feet | 4,499 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 2 |
| Acreage | 0.12 |
| Lot Features | Zero To One Unit Acre |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91205 |
| Area | 699 Not Defined |
| Listing VS Median (in 91205) | |
Price: $1,638,000 low | high Med: $4,300 sqft: 4,499 low | high Med: 1,532 $ / sqft: $364 low | high Med: $3 On site: 72 low | high Med: 40 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91205 |
| Area | 699 Not Defined |
| Listing VS Median (in 91205) | |
Price: $1,638,000 low | high Med: $4,300 sqft: 4,499 low | high Med: 1,532 $ / sqft: $364 low | high Med: $3 On site: 72 low | high Med: 40 | |
![]() | $1,699,0001425 Columbia DrGlendale, CA 91205 |
![]() | $1,599,0001425 Columbia DrGlendale, CA 91205 |